1615 Avenue F
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1615 Avenue F
9,369 SF Vacant Retail Building Lubbock, TX 79401 $450,000 ($48/SF)
Investment Highlights
- Located in the path of redevelopment
- Easy access to 1-27 & Marsha Sharp FWY
Executive Summary
• Located in Lubbock’s fast-growing Depot District, this former 9,360 SF retail space boasts a variety of possible uses
• Easy access and great proximity to I-27 and the Marsha Sharp Freeway
• Located in the path of redevelopment for many of the upcoming downtown retail & multi-family projects
• Easy access and great proximity to I-27 and the Marsha Sharp Freeway
• Located in the path of redevelopment for many of the upcoming downtown retail & multi-family projects
Property Facts Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,369 SF
Building Class
C
Year Built
1963
Price
$450,000
Price Per SF
$48
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.58
Lot Size
0.37 AC
Opportunity Zone
Yes
Parking
20 Spaces (2.4 Spaces per 1,000 SF Leased)
Frontage
184 FT on Avenue F St
Amenities
- Signage
- Storage Space
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | R123513 | Improvements Assessment | $245,625 |
| Land Assessment | $24,375 | Total Assessment | $270,000 |
PROPERTY TAXES
Parcel Number
R123513
Land Assessment
$24,375
Improvements Assessment
$245,625
Total Assessment
$270,000
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1615 Avenue F
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